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CI Canadian Convertible Bond ETF Common (TSE:CXF) Shares Down 1.1% - Time to Sell?

CI Canadian Convertible Bond ETF Common logo with Manufacturing background

CI Canadian Convertible Bond ETF Common (TSE:CXF - Get Free Report) shares dropped 1.1% during trading on Monday . The stock traded as low as C$10.13 and last traded at C$10.15. Approximately 703 shares were traded during mid-day trading, a decline of 88% from the average daily volume of 5,627 shares. The stock had previously closed at C$10.26.

CI Canadian Convertible Bond ETF Common Stock Performance

The business has a 50 day moving average of C$10.14 and a two-hundred day moving average of C$9.96.

CI Canadian Convertible Bond ETF Common Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Thursday, October 31st. Shareholders of record on Friday, October 25th were given a dividend of $0.04 per share. This represents a $0.48 annualized dividend and a dividend yield of 4.73%. The ex-dividend date was Friday, October 25th.

About CI Canadian Convertible Bond ETF Common

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Chimerix, Inc, a biopharmaceutical company, develops medicines to enhance the lives of patients living with serious diseases. The company's approved product is TEMBEXA (brincidofovir), a lipid conjugate through inhibition of viral DNA synthesis that is developed as a medical countermeasure for smallpox.

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